新奥股份：Santos2019年年度报告公告（英文）.PDF

1、 Media enquiries Phoebe Nolan+61 8 8116 7409/+61(0)408 193 056 Investor enquiries Andrew Nairn+61 8 8116 5314/+61(0)437 166 497 Santos Limited ABN 80 007 550 923 GPO Box 2455,Adelaide SA 5001 T+61 8 8116 5000 F+61 8 8116 5131 Page 1 of 3 20 February 2020 Santos reports record annual free cash flow o

2、f$1.1 billion,7%increase in net profit and 13%increase in full-year dividends Full-year(US$m)2019 2018 Change Product sales 4,033 3,660 10%EBITDAX1 2,457 2,160 14%Underlying profit1 719 727-1%Net profit after tax 674 630 7%Free cash flow1 1,138 1,006 13%Full-year dividends(UScps)11.0 9.7 13%Santos t

3、oday announced its full-year results for 2019,reporting both record EBITDAX and free cash flow.The Board has resolved to pay a final dividend of US5.0 cents per share fully-franked,bringing full-year dividends to US11.0 cents per share fully-franked,up 13%on the previous year.The final dividend is i

4、n-line with Santos sustainable dividend policy which targets a range of 10%to 30%payout of free cash flow.Santos Managing Director and Chief Executive Officer Kevin Gallagher said:“Todays announcement of full-year results demonstrates the strength of our cash-generative operating model.”“Santos has

5、delivered strong financial results with EBITDAX1 up 14%to a record US$2.5 billion and free cash flow1 up 13%to over US$1.1 billion.Reported net profit after tax increased by 7%to US$674 million.“Consistent application of our disciplined operating model continues to deliver cost reductions and effici

6、encies,with normalised production costs2 down 8%to US$6.97/boe.“The year was highlighted by record onshore drilling performance,lower unit costs,successful integration of the Quadrant acquisition and significant progress on our diversified portfolio of growth projects.“The acquisition of ConocoPhill